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417 NW Sherry Circle
About This Property
Welcome to 417 NW Sherry Circle in the heart of Fort Walton Beach! This well-maintained home offers a spacious, open-concept layout with durable tile flooring throughout--perfect for easy maintenance and everyday living.
The kitchen features abundant cabinetry, stainless steel appliances, and generous counter space, flowing seamlessly into the living and dining areas--ideal for entertaining. The living room is warm and inviting with a beautiful stone fireplace and plenty of natural light.
Enjoy additional living space with a large screened-in porch, perfect for relaxing year-round while taking in views of the private backyard. The outdoor area is shaded by mature trees and offers ample space for a variety of outdoor activities. A detached workshop/shed provides excellent storage or workspace for tools, hobbies, or equipment.
Additional highlights include a functional layout with flexible-use spaces, an indoor laundry area, and ample parking with a driveway and attached garage.
Conveniently located with easy access to shopping, dining, and area beaches, this home offers a great combination of comfort and accessibility.
Don't miss your opportunity to own a property with both indoor and outdoor living space in a desirable Fort Walton Beach location!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017